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281 Commercial Real Estate Listings in Waco, TX

Waco, TX Commercial Real Estate

There are currently 276 commercial listings available in Waco, TX. These listings include 66 commercial spaces that encompass a total of 931,782 square feet. Available commercial spaces in Waco, TX range in size from 84 square feet to 192,301 square feet. A total of 165 off-market commercial properties located in Waco, TX are also available for research.

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Waco, TX Commercial Inventory Breakdown

In 2022 the Waco, TX commercial real estate market totaled 3,405,380 square feet of office spaces, 4,855,106 square feet of office spaces with retail, and 9,761,488 square feet of industrial space.

Office Spaces

Total: 3,405,380 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 1,273,272 SqFt 37.39% of total office
100k to 500k SqFt 2,132,108 SqFt 62.61% of total office
By class:
Class A 437,709 SqFt 12.85% of total office
Class B 1,982,671 SqFt 58.22% of total office


Class A office space holds a 12.85% share of the overall Waco, TX office market, while Class B office assets make up approximately 58.22%.

Industrial

Total: 9,761,488 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 2,437,627 SqFt 24.97% of total industrial
100k to 500k SqFt 2,664,097 SqFt 27.29% of total industrial
500k to 1M SqFt 2,053,104 SqFt 21.03% of total industrial
> 1M SqFt 2,606,660 SqFt 26.7% of total industrial
By class:
Class A 1,076,201 SqFt 11.02% of total industrial
Class B 8,174,418 SqFt 83.74% of total industrial
Class C 510,869 SqFt 5.23% of total industrial
There are 2,664,097 square feet of commercial real estate properties between 100k to 500k square feet, representing 27.29% of the Waco, TX industrial inventory. Class A assets total 1,076,201 square feet of industrial space, with an additional 8,174,418 square feet of Class B and 510,869 square feet of Class C properties.

Office Spaces with Retail

Total: 4,855,106 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 1,122,041 SqFt 23.11% of total office with retail
100k to 500k SqFt 3,733,065 SqFt 76.89% of total office with retail

Waco, TX Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total SF
Waco, TX Office 13 100,154
Waco, TX Retail 32 240,078
Waco, TX Industrial 22 449,295
Waco, TX Other 110 938,697
Ofice Icon

13

Office

Industrial Icon

22

Industrial

Retail Icon

32

Retail

Current local active listing encompass 1,728,224 square feet of commercial space for lease in Waco. There are 13 active office listings, which amount to 100,154 square feet and account for 7% of commercial spaces on the market. Local retail availability includes 240,078 square feet across 32 listings. Current industrial offerings on the market amount to 449,295 square feet across a total of 22.

Employment in Waco, TX

Employed Population 63,504

Employed population - Industry % Distribution

Management, business, science, and arts occupations

34%

Service occupations

23%

Sales and office occupations

18%

Production, transportation, and material moving occupations

18%

Natural resources, construction, and maintenance occupations

7%

In 2020, roughly 34% of a total of 63,504 employed in Waco worked in Management, business, science, and arts occupations, followed by 23% in Service occupations and 18% in Sales and office occupations.

Income per capita $21,918  Median household income $41,481

Household income

59%

Under $50k

24%

$50k - $100k

13%

$100k - $200k

4%

Over $200k

The median household income in Waco stands at $41,481, with per capita income at $21,918. Households earning between $50k and $100k represent 24% of the total, while those earning over $200k make up 4%. Approximately 59% of Waco households earn less than $50k per year.

Commuting in Waco, TX

Mean travel time to work 16 minutes

Means of transportation to work

83.70%

Driving alone

9.20%

Carpool

0.30%

Public transit

0.40%

Bicycle

2.30%

Walking

1.10%

Other

3.00%

Work at Home

*Universe: Workers 16 and over

Education in Waco, TX

High school grad or higher 83%

Bachelor's degree or higher 26%

Population by minimum level of education

17%

No degree

27%

High school

31%

Some College

17%

Bachelor's

9%

Post-grad

*Universe: Workers 25 and over

An estimated 83% of Waco residents aged 25 or over hold a high school degree or higher. Of those, 27% are high school graduates, 31% attended some college, 17% earned a bachelor's degree, with an additional 9% holding post-graduate degrees.

Waco, TX Demographics

As of 2020, Waco had a total population of 139,245, with a median age of 28.90 years. Roughly 69.00% of the total population was between the ages of 16 and 64 years old.